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Marginal abatement cost curves in general equilibrium: The influence of world energy prices

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dc.creator Klepper, Gernot
dc.creator Peterson, Sonja
dc.date 2004
dc.date.accessioned 2013-10-16T06:04:35Z
dc.date.available 2013-10-16T06:04:35Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/3418
dc.identifier ppn:746442815
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3418
dc.description Marginal abatement cost curves (MACCs) are one of the favorite instruments to analyze the impacts of the implementation of the Kyoto Protocol and emissions trading. As shown in this paper one important factor that influences MACCs are energy prices. This leads to the question of how to define MACCs in a general equilibrium context where the overall abatement level world wide influences energy prices and thus national MACCs. We first discuss the mechanisms theoretically and then use the CGE model DART to quantify the effects. The result is, that changes in energy prices resulting from different world wide abatement levels do indeed affect the national MACCs. Also, we compare different possibilities of defining MACCs - of which some turn out to be robust against changes in energy prices while others vary considerably.
dc.language eng
dc.publisher Fondazione Eni Enrico Mattei Milano
dc.relation Nota di lavoro, Fondazione Eni Enrico Mattei 2004,136
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject C68
dc.subject D58
dc.subject F18
dc.subject Q41
dc.subject ddc:330
dc.subject Climate change
dc.subject Marginal abatement cost
dc.subject Energy price
dc.subject Computable general equilibrium model
dc.subject Klimaschutz
dc.subject Klimaveränderung
dc.subject Umweltschutzkosten
dc.subject Erdölpreis
dc.subject Allgemeines Gleichgewicht
dc.subject Simulation
dc.subject Welt
dc.title Marginal abatement cost curves in general equilibrium: The influence of world energy prices
dc.type doc-type:workingPaper


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